$BTC . Biggest rivalry lies here... bos and
(closed )The Strait of Hormuz is the
biggest geopolitical weight on risk assets.
Oil prices remain elevated.
The ceasefire did not resolve the tension. That overhang caps upside.
FOMC is tomorrow.
Powell's last press conference.
GDP and PCE follow the next day.
On-chain data is the signal to watch before the news.
Exchange reserves rising means coins are moving to sell.
SOPR below 1.0 means short-term holders are capitulating.
Whale accumulation means the dip is being bought.
These will flash before the headlines hit.
Support is 76,324 and 74,807.
Resistance is 77,194 and 78,232.
The trend holds above 74,800.
Watch the data, not the headlines.
BTC
75,902.96
-0.97%
DAMUSDT
Perp
0.02877
-53.05%